{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-016928","form_type":"8-K","ticker":null,"cik":"0001402945","company_name":"Progressive Care Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.261817+00:00","generated_at":"2026-06-01T22:49:53.482314+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Progressive Care Q1 revenue up 28% to $14.6M; net loss widens to $0.4M","bullets":["Total revenues $14.6M (+28% YoY); 340B contract revenue surges 110% to $3.3M.","Gross margin 27% vs 28% a year ago; drug cost inflation cited.","Net loss $0.4M vs $0.1M loss in Q1 2023; operating loss $0.4M vs income $14k.","Proposed all-stock merger with NextPlat Corp (NXPL) expected to close in Q3 2024.","Cash $5.5M vs $7.9M at Dec 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-016928","json":"https://secwatch.observer/filing/0001437749-24-016928.json","markdown":"https://secwatch.observer/filing/0001437749-24-016928.md","text":"https://secwatch.observer/filing/0001437749-24-016928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1402945/000143774924016928/0001437749-24-016928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1402945/000143774924016928/rxmd20240306_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:49:53.482314+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c7be85cc4c5388b0400874e99749eb46d6fa01a","claim":"Progressive Care Inc. reported the three months ended March 31, 2024 results: revenue approximately $14.6 million.","evidence_excerpt":"Progressive Care Inc. Announces Record First Quarter 2024 Revenues of $14.6 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1402945/000143774924016928/0001437749-24-016928-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"approximately $14.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}